Tackling the deficiencies in corporate insurance

 

Is corporate insurance fit for purpose?  With deficiencies in insurance placement exposed by independent research, PwC explores opportunities for improvement for providers, brokers and buyers of insurance.

 

Serious deficiencies in the insurance placement process are exposing many corporations and insurers to significant and unnecessary losses.  Corporations, insurers and brokers, are missing the opportunity to engage on a much more transparent and educated basis.

 

How can these flaws be tackled to create a more informed, effective and commercially viable basis for insurance risk transfer?  PwC explores the way forward for insurers and insurance buyers.

 

More understanding of a clients’ risk profile will enable an insurer to enter a truly useful relationship based on more tailored and effective risk management. This could result in a win-win situation for insurers and companies, creating an alignment between risks and premiums, lower claims and fewer disputes.